Rubberseal Ltd

Rubberseal Ltd, based in Kilmarnock, UK, is a small, active company founded nineteen years ago in 2006. With ten employees and £2,068,407 in assets, it operates from a real address and is managed by two directors and two owners, all stemming from a solo founder. The company regularly imports rubber and rubber products—forty-three months of import activity recorded—while occasionally exporting glass and glassware, with just one month of export activity as of January 2022.

Rubberseal Ltd specializes in roofing and waterproofing solutions, catering to both commercial and residential clients. Its website showcases a range of products, including EPDM roofing membranes, liquid waterproofing systems, and green roofing solutions, sold under brands like RubberGard and Liquiflex. The company offers support services, such as consultations, roof surveys, and installer training, and even provides warranties for quality assurance. They also have a division focused on lightweight metal roofing systems.

Financially, Rubberseal Ltd shows some interesting trends. Average employee numbers increased by 30% to thirteen, while bank borrowings jumped a staggering 1,500% to £540,000. Cash reserves, however, fell 62% to £200,000. Creditors increased significantly by 140% to £1.4 million, and trade debtors rose 64% to £870,000. Despite these changes, the company’s net assets grew by 20% to £790,000. The company’s small size—meeting two of three criteria for being small—helps it remain flexible. The lack of an auditor mentioned suggests it’s exempt as a small company.

Overall, Rubberseal Ltd seems to be expanding its operations, but the increased borrowing and higher creditors suggest it's potentially burning through cash to fuel that growth. The company's focus on specialized roofing solutions and its strong presence in the UK market could help it navigate these challenges, but keeping a close eye on its cash flow will be crucial.

Registered in Scotland under the registration number SC296582, with a registered address at KA1 4JZ, Scotland, Kilmarnock, 7-9 New Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.